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DRW

Head of Business Development

Sorry, this job was removed at 12:07 a.m. (CST) on Tuesday, May 13, 2025
Remote or Hybrid
Hiring Remotely in United States
Remote or Hybrid
Hiring Remotely in United States

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The Head of Business Development will lead market expansion, establishing customer relationships, creating go-to-market strategies, and ensuring cross-functional collaboration. They're responsible for business outcomes in targeted verticals.

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.

Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.

We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.

We are looking for a Head of Business Development to join Cumberland’s blockchain product development team.  This role will drive revenue growth by finding new business opportunities and building strong relationships with potential clients. You will use your understanding of blockchain and finance to develop strategies that expand our customer base and enhance our market presence.

Responsibilities:

  • Market and Client Development: Identify and pursue new business opportunities through market research, networking, and lead generation.  Build relationships to promote our vision and increase participation on the Canton Network
  • Lead Generation and Outreach: Leverage market research and strategic prospecting to generate leads.
  • Product Demonstrations: Conduct presentations and live demos highlighting our product catalog.
  • Sales Process Management: Drive the sales cycle from lead qualification to closing, including negotiation and contract execution to meet or exceed sales targets.
  • Customer Feedback Loop: Collect client insights and work with the product team to ensure alignment with market needs.
  • Cross-Functional Collaboration: Partner with management team, marketing, and product teams to align strategies and achieve goals.
  • CRM Management: Maintain detailed records of customer interactions, leads, and sales progress in Salesforce.

Requirements:

  • Proven Sales Expertise: Track record of success in software sales, particularly in blockchain or financial services.
  • Consultative Sales Approach: Skilled at understanding client challenges and positioning solutions effectively.
  • Technical Acumen: Familiarity with software platforms and blockchain technology.
  • Excellent Communication Skills: Capable of engaging technical and executive audiences with clarity and confidence.

Key Performance Indicators:

  • Lead and Account Generation
  • Revenue Growth
  • Strong Client Engagement with high satisfaction rates
  • Market Expansion

The annual base salary range for this position is $175,000 to $225,000, depending on the candidate’s experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus.  In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts.

For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.

California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.

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HQ

DRW Chicago, Illinois, USA Office

DRW Chicago Office Office

Situated in Chicago's thriving West Loop, our HQ is convenient for Metra and CTA riders alike - and foodies looking for a bite on "Restaurant Row."

What you need to know about the Chicago Tech Scene

With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.

Key Facts About Chicago Tech

  • Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
  • Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
  • Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
  • Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory

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